Have you ever declared bankruptcy
June 26th, 2009 by Questions
It will be 6 years from my bankruptcy discharge next year – I will confirm with Equifax that the bankruptcy information has been removed from my bureau after the anniversary of the discharge date. (and yes I will likely celebrate the occasion)
Once the bankruptcy has been removed from my bureau, if asked on an application form if I have EVER claimed bankruptcy can I select no or choose not answer it. It is no longer disclosed on my bureau and I feel that that information is now private information and no longer public and a prospective creditor should not really be asking for private info, at least not in the sense that there is no set time limitation.
If the question was have you declared bankruptcy in the last 7 years for example, I would be more inclined to answer yes as that is a fair question with a reasonable time frame that it would be relevant to the lenders decision making process.
I have completed my bankruptcy and waited 6 years to have it cleared off my bureau, and developed new credit. Is it not unreasonable for me to not want to continue `paying` for it for ever and ever after its removed from my bureau?.
Are you aware if this is addressed under F.O.I.P.?
Posted from: Alberta
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